Chipotle Mexican Grill, Inc. income statement & cash flow
In the fiscal year ended Dec 31, 2025, Chipotle Mexican Grill, Inc. reported net income of $1.54B on revenue of $11.93B. Operating cash flow was $2.11B and capital expenditures were $666.34M, leaving $1.45B of free cash flow (operating cash flow minus capital expenditures).
Income statement and cash flow summary
| Fiscal year ended | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.90B | $4.48B | $4.86B | $5.59B | $5.98B | $7.55B | $8.63B | $9.87B | $11.31B | $11.93B |
| Operating income | $34.57M | $270.79M | $258.37M | $443.96M | $290.16M | $804.94M | $1.16B | $1.56B | $1.92B | $1.94B |
| Net income | $22.94M | $176.25M | $176.55M | $350.16M | $355.77M | $652.98M | $899.10M | $1.23B | $1.53B | $1.54B |
| Diluted EPS | $0.77 | $6.17 | $6.31 | $12.38 | $12.52 | $22.90 | $0.64 | $0.89 | $1.11 | $1.14 |
| Operating cash flow | $355.16M | $468.22M | $621.55M | $721.63M | $663.85M | $1.28B | $1.32B | $1.78B | $2.11B | $2.11B |
| Capital expenditures | $258.84M | $216.78M | $287.39M | $333.91M | $373.35M | $442.48M | $479.16M | $560.73M | $593.60M | $666.34M |
| Reported in | 10-K 2019 | 10-K 2020 | 10-K 2021 | 10-K 2022 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2026 | 10-K 2026 | 10-K 2026 |
Margins
Each figure divided by revenue for the same fiscal year.
| Fiscal year ended | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| Dec 2025 | — | 16.2% | 12.9% |
| Dec 2024 | — | 16.9% | 13.6% |
| Dec 2023 | — | 15.8% | 12.4% |
| Dec 2022 | — | 13.4% | 10.4% |
| Dec 2021 | — | 10.7% | 8.7% |
Source: SEC EDGAR XBRL company facts for CIK 1058090 (raw data). Most recent filing in this dataset: 10-Q filed Oct 29, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.